Contact Information
Renaud.Coulomb@minesparis.psl.eu
CEDP, Ecole des Mines Paris – PSL University
60, Boulevard Saint-Michel
75272 PARIS Cedex 06
My research lies at the intersection of environmental and resource economics and political economy, and is organized around two programs.
Climate policy, fossil fuels, and energy assets. My first line of work examines how climate policy reshapes the fossil fuel sector: both the trajectory of extraction and the valuation of the reserves and firms that produce it. I focus in particular on supply-side mitigation instruments, including carbon taxes, royalties, and bans on extraction or exploration, and trace their consequences for the value of underground deposits, for fiscal revenues, and for corporate profits. Methodologically, I rely on applied theory, numerical simulation, and empirical analysis.
The political economy of business. My second program turns to the interactions between firms and policymakers. I investigate the private benefits and the potential social costs of firms' political connections, asking what corporations gain from access to political power and what the public pays in return. This work relies primarily on applied microeconometric methods.
Before joining Mines Paris – PSL, I was a Senior Lecturer at the University of Melbourne. I received my PhD from the Paris School of Economics.
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— September 29, 2026: I will give a seminar at Ecole Polytechnique-CREST.
— "The (Market) Value of State Honors", with Stéphane Benveniste and Marc Sangnier, forthcoming in Journal of Law, Economics, and Organization Working Paper (V2, 2025)
— "'Bad' Oil, 'Worse' Oil, and Carbon Misallocation", with Fanny Henriet and Léo Reitzmann, The Review of Economic Studies, 2026, Volume 93(1), January 2026, pages 404–437. Featured article (Editor's pick) Paper
— "The Welfare Economics of Oil Exploration", with France d'Agrain and Fanny Henriet, WP n° 2025-39 AMSE, December 2025. Working Paper
— VoxEU-CEPR, "When France’s Légion d’honneur awards move stock prices: A market signal of political access", with Stéphane Benveniste and Marc Sangnier | Article | July 2026
— The Conversation, "Quand la Légion d’honneur fait monter les cours de Bourse : les décorations d’État, signaux de proximité politique ?", with Stéphane Benveniste and Marc Sangnier. | Article | July 2026
— VoxDev, "Why some types of oil are worse for the climate", with Fanny Henriet and Léo Reitzmann | Article | January 2026
— The Conversation, "Accepter (ou non) de vivre à proximité d’une centrale nucléaire, une question loin d’être réglée" with Yanos Zylberberg. | Article | March 2026
— Le Monde, Venezuela : quel serait le coût environnemental d’une reprise de la production de pétrole ? P. Mouterde, January 2026
— The Conversation, "Pourquoi l’expansion pétrolière, au Venezuela et ailleurs, est un non-sens climatique et économique", with France d'Agrain and Fanny Henriet | Article | January 2026